Is now the smartest time to buy in 2025?

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After a challenging couple of years for buyers, 2025 is showing signs of becoming one of the most promising times to re-enter the housing market. With rising inventory, improved mortgage rates, and a noticeable dip in competition, many of the hurdles that kept buyers on the sidelines in 2023 and 2024 are starting to ease.

More Homes to Choose From

One of the most encouraging trends this spring is the surge in inventory. According to national data, active listings are up 28.5% from this time last year. While it's typical to see more homes hit the market in spring, this year feels especially optimistic. Sellers are motivated, listings are up, and many homes are presenting beautifully after being prepped for peak season.

Yet, despite this increase, total inventory remains below pre-pandemic levels. So, while buyers have more to choose from, the market isn't oversaturated—meaning homes that are priced well are still moving quickly.

Less Competition, More Negotiating Power

Unlike previous spring markets, this year hasn’t brought the usual rush of buyers. This is good news for those ready to purchase now. Fewer competing offers mean buyers have more time to consider their options and, in many cases, more room to negotiate—whether that’s on price, closing costs, or other seller concessions.

Mortgage Rates Are Improving

Mortgage rates have also started to inch down. As of April, the average 30-year fixed rate is around 6.67%, the lowest it’s been since October of last year. While this might not seem like a dramatic drop, even a small rate improvement can make a noticeable difference in monthly payments and overall affordability.

Home Prices Are Still Rising—Slowly

While we're no longer seeing the rapid appreciation of the past few years, home prices are still trending upward. Experts forecast continued, steady growth throughout this quarter. That means waiting to buy could still cost more in the long run, not less.

If you're hoping to time the market perfectly for a price drop, you may be left waiting indefinitely. The reality is that home values are projected to rise, not fall, so buying sooner rather than later could help you get ahead of future appreciation.

A Balanced, Not Burdened, Approach

This market still requires strategy. Affordability remains tight, so it's important for buyers to set a realistic budget, get pre-approved, and work with a knowledgeable real estate professional. Build in a buffer so your home enhances your life—not stretches it thin.

The Bottom Line

All signs are pointing to a window of opportunity in 2025:

  • Inventory is rising

  • Rates are slightly improving

  • Buyer competition is lower

  • Prices are continuing to rise, but at a manageable pace

If you've been waiting for the right moment, this could be it. Now may not just be a good time to buy—it might be the smartest time.

Join Angela and Jackie on this week's market update video: